Example of Hendry County Property Tax Calculation
Hendry County calculates property taxes based on the assessed value of the property. For example, if a property is assessed at $100,000, and the tax rate is set at 2%, the property owner would owe $2,000 in property taxes for the year.
To calculate the assessed value, the county assessor takes into account factors such as the size and location of the property, and any improvements or additions made to the property. Property owners can appeal their assessed value if they believe it is too high or inaccurate.
Property taxes in Hendry County are used to fund local government services such as schools, law enforcement, and road maintenance. Property owners receive a tax bill from the county each year, which outlines how much they owe and when payment is due.
Overall, understanding property taxes in Hendry County can seem daunting, but it is an important responsibility for all property owners.
If you want appeal your property tax assessment - contact your local tax assessor.
Hendry County Property Tax Rates
The following table presents the Hendry County Property Tax rates in US dollars per 100$ of assessed value:
| Tax Type | Rate per $100 Assessed Value |
|---|---|
| County Tax | $0.84 |
| School District Tax | $6.63 |
| Municipal Service Taxing Unit (MSTU) for Fire Protection | $1.00 |
| Municipal Service Taxing Unit (MSTU) for Law Enforcement | $0.75 |
| Municipal Service Benefit Unit (MSBU) for Solid Waste | $93.01 |
| Municipal Service Benefit Unit (MSBU) for Road Paving | $98.70 |
Please note that the rates may vary depending on the property location and other factors. It is recommended to consult with a tax professional for accurate information and advice.
Who sets property tax rates in Hendry County ?
Who sets property tax rates in Hendry County and when?
In Hendry County, Florida, the Board of County Commissioners is responsible for setting property tax rates. The tax rates are determined annually and typically set during a public hearing held in September.
The property tax rate is calculated based on the assessed value of the property and is used to fund various local government services, such as schools, police, and public works. Property owners in Hendry County can access their property tax information and assessment online through the Hendry County Property Appraiser's website.
If property owners have concerns or questions about their property tax rates or assessments, they can contact the Hendry County Property Appraiser's Office or attend the public hearing where the property tax rates are set to voice their concerns.
Homestead exemptions in Hendry County ?
In Hendry County, Florida, there are several Homestead exemptions and deductions that homeowners may be eligible for. To help you navigate the process, here is a table outlining the various exemptions, eligibility requirements, maximum amounts, and any additional notes you should be aware of:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | Must own and occupy property as primary residence on January 1st | Up to $50,000 of assessed value | Must apply by March 1st |
| Senior Citizen Exemption | Must be 65 years or older and own and occupy property as primary residence on January 1st | Up to additional $50,000 of assessed value | Must file annual application |
| Widow/Widower Exemption | Must be a widow or widower and own and occupy property as primary residence on January 1st | Up to additional $500 of assessed value | Must file annual application |
| Disability Exemption | Must have a permanent and total disability and own and occupy property as primary residence on January 1st | Up to additional $500 of assessed value | Must file annual application |
| Veterans Exemption | Must be a veteran with a service-related disability rating of 10% or more and own and occupy property as primary residence on January 1st | Up to additional $5,000 of assessed value | Must file annual application |
| Deployed Military Exemption | Must have been deployed during the previous year and own and occupy property as primary residence on January 1st | Up to additional $5,000 of assessed value | Must file annual application |
It is important to note that these exemptions and deductions have specific eligibility requirements and deadlines for filing applications. Homeowners in Hendry County should consult with the Property Appraiser's office for more information and assistance in applying for these benefits.
When is Hendry County Property Tax due ?
According to the Hendry County Tax Collector's website, property tax payments are typically due annually on March 31st. However, the tax bill is mailed out on November 1st and can be paid early. It is recommended to pay early to avoid long lines and wait times.
There are several payment methods available for Hendry County property taxes such as:
- Online Payment: Payments can be made online through the Hendry County Tax Collector's website using a credit/debit card or e-check.
- Mail-In Payment: Payments can also be made by mailing a check or money order to the Hendry County Tax Collector's office.
- In-Person Payment: Payments can be made in person at the Hendry County Tax Collector's office using cash, check, credit/debit card, or money order.
- Drop Box Payment: Payments can also be dropped off in the secure drop box located outside the Hendry County Tax Collector's office.
It is important to note that late payments may result in penalties and interest fees. Therefore, it is recommended to pay the property tax bill on time using one of the convenient payment methods available.
If you have more questions - contact your local tax collector.
How is Hendry County Property Tax penalty calculated ?
Hendry County Property Tax Penalty Calculation
If you own property in Hendry County, Florida, failing to pay your property taxes on time will result in penalties. The penalty is calculated based on the delinquent tax amount and the length of time the tax remains unpaid.
The table below shows the penalty rates based on the length of time the tax remains unpaid:
| Time Lapse | Penalty Rate |
|---|---|
| 1-30 days | 3% |
| 31-60 days | 6% |
| 61-90 days | 9% |
| 91-364 days | 12% |
| Over 365 | 18% |
For example, if the delinquent tax amount is $1,000 and the property owner didn't pay the tax on time, they would owe a penalty of $30 if paid within 30 days, $60 if paid within 31-60 days, $90 if paid within 61-90 days, and so on.
Therefore, it's important for property owners in Hendry County to pay their property taxes on time to avoid these penalties.
We recommend contacting the Hendry County Tax Office or a local tax professional for the most up-to-date and accurate information.